EAZ ‘indaba’ attracts Germans

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GERMAN government officials and entrepreneurs will attend the first ever economic diplomacy conference to be hosted in Livingstone by the Economics Association of Zambia (EAZ), the Zambian mission in Berlin has said.

The summit takes place on July 25-26, 2019.

Zambia’s Ambassador to Germany Anthony Mukwita said his office had received a number of applications from those who wanted to travel to Livingstone for the indaba.

Mr Mukwita said the applications were a positive indication that the German business community was responding to the invitations the embassy had made on behalf of EAZ.

This is contained in a statement issued in Berlin, Germany, by first secretary for press and public relations at the Zambian Mission Kellys Kaunda.

“We have seen a number of applications for people applying to travel to the EAZ indaba.

At least four applications have been processed for the event while more could be considered ahead of the summit scheduled for the resort border city that has been in the works for over six months now,” Mr Mukwita said.

He said EAZ president Lubinda Haabazoka had told him that the importance of the conference could be seen in the confirmed participation of President Edgar Lungu.

“President Lungu will share the podium with his Kenyan counterpart H.E Uhuru Kenyatta alongside former president of Tanzania Jakaya Kikwete and former South African President H.E Thabo Mbeki,” Mr Mukwita said.

He said the indaba was expected to draw closer attention and international focus onto Zambia as a destination immensely fertile for business partnerships in the sub-region.

Mr Mukwita commended EAZ for the initiative which he said was an effective way of selling Zambia’s potential.

The summit would help grow the economy beyond the annual target of 3.8 percent, create employment and reduce poverty.

“Dr Haabazoka said the response locally and internationally has been overwhelming and that EAZ hoped the indaba would set the ground for future development plans,” Mr Mukwita said.

He said the Zambia Germany Business Association, known in German as Afrika Verein, had indicated that it would send a representative to the summit in Livingstone.

There are over 12 German companies with offices and agencies in Lusaka, including big brands such as Mercedes Benz, BMW and Bosch.

Zambia’s peace and political stability are the main attraction for foreign investors in various sectors.

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